Tucked ten minutes from the heart of downtown, this delightful ranch offers the perfect blend of convenience and quiet. Set on over half an acre of usable land, the front yard is fully fenced for added privacy and a great place for pets, while the expansive backyard is a blank canvas ready for whatever you envision—gardens, gatherings, or even a detached garage. Step inside to a welcoming living room anchored by a cozy gas log fireplace, flowing seamlessly into an open kitchen and dining space ideal for everyday living or entertaining. Two bedrooms sit at the front of the home, while a third, tucked behind the kitchen, offers flexibility as a home office, studio, or guest room. The walk-out basement already features a full bath (needing some updating) and laundry area, plus ample room for storage or future finished space. Major updates include a new roof in 2020 and new HVAC 2022. All that’s left is your personal touch. This charming home is ready for its next chapter—make it yours.
Closed
$337,500
506 Gorman Bridge Rd, Asheville, NC 28806
3beds
1,285sqft
Single Family Residence
Built in 1920
0.6 Acres Lot
$336,400 Zestimate®
$263/sqft
$2,167 Estimated rent
Home value
$336,400
$320,000 - $353,000
$2,167/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: January 09, 2026 at 01:08pm
Listing Provided by:
Angelia Peterson lakelureproperties@gmail.com,
Asheworth Group WNC Real Estate LLC
Bought with:
Non Member
Canopy Administration
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4278249
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bedrooms: 3
Kitchen
- Level: Main
Laundry
- Level: Basement
Heating
- Heat Pump
Cooling
- Heat Pump
Appliances
- Included: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
- Laundry: In Basement
Features
- Windows: Insulated Windows
- Basement: Bath/Stubbed,Exterior Entry,Full,Storage Space,Unfinished
- Fireplace features: Gas, Living Room
Interior area
- Total structure area: 1,285
- Total interior livable area: 1,285 sqft
- Finished area above ground: 1,285
- Finished area below ground: 0
Property
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Fencing: Front Yard
Lot
- Size: 0.60 Acres
- Features: Cleared
Details
- Parcel number: 962984304300000
- Zoning: R-3
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Aluminum, Brick Partial
- Roof: Asbestos Shingle
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Sewer: Septic Installed
- Water: City
Community & neighborhood
Location
- Region: Asheville
- Subdivision: None
Other
Other facts
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Dirt, Gravel, Paved
Price history
| Date | Event | Price |
|---|---|---|
| 1/9/2026 | Sold | $337,500-7.5%$263/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4278249 Report a problem | ||
| 9/24/2025 | Price change | $365,000-2.7%$284/sqft |
Source: Canopy MLS as distributed by MLS GRID #4278249 Report a problem | ||
| 8/4/2025 | Price change | $375,000-2.6%$292/sqft |
Source: Canopy MLS as distributed by MLS GRID #4278249 Report a problem | ||
| 7/13/2025 | Price change | $385,000-2.5%$300/sqft |
Source: Canopy MLS as distributed by MLS GRID #4278249 Report a problem | ||
| 7/6/2025 | Listed for sale | $395,000+28.2%$307/sqft |
Source: Canopy MLS as distributed by MLS GRID #4278249 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,743 +6.4% | $250,200 -0.3% |
| 2024 | $1,637 +3.1% | $250,900 |
| 2023 | $1,588 +1.7% | $250,900 +0.1% |
Find assessor info on the county website
Neighborhood: Emma
Nearby schools
GreatSchools rating
- 6/10Emma ElementaryGrades: K-4Distance: 0.8 mi
- 6/10Clyde A Erwin Middle SchoolGrades: 7-8Distance: 1.5 mi
- 3/10Clyde A Erwin HighGrades: PK,9-12Distance: 1.5 mi
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Estimated market value$336,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$336,400